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Awaiting price reaction for this filing.
Milestone Furniture Ltd informed BSE that its Board, at a meeting held on 16th July 2025, took note of the resignation of statutory auditor M/s. S. Agrawal & Co. (FRN: 000808N), effective 10th July 2025, whose exit was already filed with BSE on 11th July. The Board then approved the appointment of M/s. R Daga & Company, Chartered Accountants (FRN: 328421E) as the new statutory auditor to fill the resulting casual vacancy, subject to shareholder approval at an upcoming Extra Ordinary General Meeting (EOGM), to serve until the 11th AGM. The company stated the outgoing auditors did not raise any concerns or qualifications. The Board also approved the EOGM notice and appointed a Practicing Company Secretary, Mr. Brajesh Gupta, as scrutinizer for the poll process.
Shareholders should watch the EOGM for ratification of the new auditor. The mid-term auditor change without any stated concerns is a routine disclosure but worth noting, as frequent auditor changes can sometimes raise governance questions. No immediate material impact on stock price is expected from this filing alone.